Sygnum Bank Introduces Multisignature Bitcoin Lending for Clients

TLDR Sygnum Bank has partnered with Debifi to introduce a Bitcoin-backed lending product. The new product uses a multisignature model, ensuring clients retain control over their collateral. Borrowers can take out fiat loans backed by Bitcoin, with three of five key holders needed to authorize transactions. The innovative approach prevents rehypothecation and allows borrowers to [...]

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